Form 4 for DDS DILLARD'S, INC.

Accepted 2026-06-05 06:31:07 ET · period of report 2026-06-04 · accession 0001104659-26-070707 · SEC index · Original document

Summary rows

Aggregated the way they appear in lists: one row per insider, transaction code and security table.

X	Filed	Traded	Ticker	Insider	Title	Type	Price	Qty	Owned	ΔOwn	Value
D	2026-06-05 06:31	2026-06-04	DDS	Dillard William T. III	SVP, Dir	A - Grant	—	+734	29.7K	+3%	—
DMI	2026-06-05 06:31	2026-06-04	DDS	Dillard William T. III	SVP, Dir	A - Grant	—	+500	13.8K	+4%	—
D	2026-06-05 06:31	2026-06-04	DDS	Dillard William T. III	SVP, Dir	A - Grant	—	+70.4K	70.4K	New	—
DMI	2026-06-05 06:31	2026-06-04	DDS	Dillard William T. III	SVP, Dir	A - Grant	—	+48.1K	9,618	New	—

Purchase Sale Sale after option exercise All abbreviations

Every reported transaction

#	Table	Security	Date	Code	A/D	Shares	Price	Owned after	Own	Exercise / expiry	Underlying	Footnotes
1	Common	Common Class A	2026-06-04	A	A	734	—	29,699	D	—	—	(F1) On June 4, 2026, pursuant to the Agreement and Plan of Merger, dated as of March 20, 2026 (as amended, the "Merger Agreement"), by and among Dillard's, Inc. (the "Issuer"), W.D. Company, Inc., an Arkansas corporation ("WDC"), and Alex Dillard, solely in his capacity as the shareholder representative, WDC was merged with and into the Issuer (the "Merger"), with the Issuer surviving the Merger. The amount reported represents shares of Issuer Class A Common Stock acquired by the reporting person upon consummation of the Merger, in his capacity as a shareholder of WDC. (F2) Each share of WDC common stock issued and outstanding immediately prior to the effective time of the Merger was automatically cancelled, and in exchange therefor, each WDC shareholder received such WDC shareholder's pro rata share of (a) up 41,496 shares of Issuer Class A Common Stock and up to 3,985,776 shares of Issuer Class B Common Stock and (b) the amount in cash equal to the sum of (i) WDC's cash and cash equivalents as of the closing date of the Merger, plus (ii) the value of other publicly traded securities owned by WDC (determined as described in the Merger Agreement).
2	Common	Common Class A	2026-06-04	A	A	400	—	189,465	I See Footnote	—	—	(F3) The amount reported represents shares of Issuer Class A Common Stock acquired by trusts upon consummation of the Merger, in their respective capacities as shareholders of WDC. (F2) Each share of WDC common stock issued and outstanding immediately prior to the effective time of the Merger was automatically cancelled, and in exchange therefor, each WDC shareholder received such WDC shareholder's pro rata share of (a) up 41,496 shares of Issuer Class A Common Stock and up to 3,985,776 shares of Issuer Class B Common Stock and (b) the amount in cash equal to the sum of (i) WDC's cash and cash equivalents as of the closing date of the Merger, plus (ii) the value of other publicly traded securities owned by WDC (determined as described in the Merger Agreement). (F4) The amount reported represents shares held in trust for the benefit of the reporting person and his family, for which the reporting person serves as trustee.
3	Common	Common Class A	2026-06-04	A	A	100	—	13,755	I See Footnote	—	—	(F5) The amount reported represents shares of Issuer Class A Common Stock acquired by the reporting person's spouse upon consummation of the Merger, in her capacity as a shareholder of WDC. (F2) Each share of WDC common stock issued and outstanding immediately prior to the effective time of the Merger was automatically cancelled, and in exchange therefor, each WDC shareholder received such WDC shareholder's pro rata share of (a) up 41,496 shares of Issuer Class A Common Stock and up to 3,985,776 shares of Issuer Class B Common Stock and (b) the amount in cash equal to the sum of (i) WDC's cash and cash equivalents as of the closing date of the Merger, plus (ii) the value of other publicly traded securities owned by WDC (determined as described in the Merger Agreement). (F6) The amount reported represents shares held by the reporting person's spouse.
4	Derivative	Common Class B	2026-06-04	A	A	70,445	—	70,445	D	— · — to —	70,445 Common Class A	(F7) Shares of Issuer Class B Common Stock are convertible at the option of any holder thereof into shares of Issuer Class A Common Stock on a one-for-one basis. Issuer Class B Common Stock has no expiration date. (F8) The amount reported represents shares of Issuer Class B Common Stock acquired by the reporting person upon consummation of the Merger, in his capacity as a shareholder of WDC. (F2) Each share of WDC common stock issued and outstanding immediately prior to the effective time of the Merger was automatically cancelled, and in exchange therefor, each WDC shareholder received such WDC shareholder's pro rata share of (a) up 41,496 shares of Issuer Class A Common Stock and up to 3,985,776 shares of Issuer Class B Common Stock and (b) the amount in cash equal to the sum of (i) WDC's cash and cash equivalents as of the closing date of the Merger, plus (ii) the value of other publicly traded securities owned by WDC (determined as described in the Merger Agreement). (F7) Shares of Issuer Class B Common Stock are convertible at the option of any holder thereof into shares of Issuer Class A Common Stock on a one-for-one basis. Issuer Class B Common Stock has no expiration date. (F7) Shares of Issuer Class B Common Stock are convertible at the option of any holder thereof into shares of Issuer Class A Common Stock on a one-for-one basis. Issuer Class B Common Stock has no expiration date.
5	Derivative	Common Class B	2026-06-04	A	A	38,472	—	38,472	I See Footnote	— · — to —	38,472 Common Class A	(F7) Shares of Issuer Class B Common Stock are convertible at the option of any holder thereof into shares of Issuer Class A Common Stock on a one-for-one basis. Issuer Class B Common Stock has no expiration date. (F9) The amount reported represents shares of Issuer Class B Common Stock acquired by trusts upon consummation of the Merger, in their respective capacities as shareholders of WDC. (F2) Each share of WDC common stock issued and outstanding immediately prior to the effective time of the Merger was automatically cancelled, and in exchange therefor, each WDC shareholder received such WDC shareholder's pro rata share of (a) up 41,496 shares of Issuer Class A Common Stock and up to 3,985,776 shares of Issuer Class B Common Stock and (b) the amount in cash equal to the sum of (i) WDC's cash and cash equivalents as of the closing date of the Merger, plus (ii) the value of other publicly traded securities owned by WDC (determined as described in the Merger Agreement). (F7) Shares of Issuer Class B Common Stock are convertible at the option of any holder thereof into shares of Issuer Class A Common Stock on a one-for-one basis. Issuer Class B Common Stock has no expiration date. (F7) Shares of Issuer Class B Common Stock are convertible at the option of any holder thereof into shares of Issuer Class A Common Stock on a one-for-one basis. Issuer Class B Common Stock has no expiration date. (F4) The amount reported represents shares held in trust for the benefit of the reporting person and his family, for which the reporting person serves as trustee.
6	Derivative	Common Class B	2026-06-04	A	A	9,618	—	9,618	I See Footnote	— · — to —	9,618 Common Class A	(F7) Shares of Issuer Class B Common Stock are convertible at the option of any holder thereof into shares of Issuer Class A Common Stock on a one-for-one basis. Issuer Class B Common Stock has no expiration date. (F10) The amount reported represents shares of Issuer Class B Common Stock acquired by the reporting person's spouse upon consummation of the Merger, in her capacity as a shareholder of WDC. (F2) Each share of WDC common stock issued and outstanding immediately prior to the effective time of the Merger was automatically cancelled, and in exchange therefor, each WDC shareholder received such WDC shareholder's pro rata share of (a) up 41,496 shares of Issuer Class A Common Stock and up to 3,985,776 shares of Issuer Class B Common Stock and (b) the amount in cash equal to the sum of (i) WDC's cash and cash equivalents as of the closing date of the Merger, plus (ii) the value of other publicly traded securities owned by WDC (determined as described in the Merger Agreement). (F7) Shares of Issuer Class B Common Stock are convertible at the option of any holder thereof into shares of Issuer Class A Common Stock on a one-for-one basis. Issuer Class B Common Stock has no expiration date. (F7) Shares of Issuer Class B Common Stock are convertible at the option of any holder thereof into shares of Issuer Class A Common Stock on a one-for-one basis. Issuer Class B Common Stock has no expiration date. (F6) The amount reported represents shares held by the reporting person's spouse.